Retail Florist workers comp rate in Michigan
The filed workers comp rate for class code 8058 (Retail Florist) in Michigan is $1.52 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,600 in base premium.
Rate per $100 $1.52
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 67%
Confidence HIGH
FAQ
What is the workers comp rate for code 8058 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8058 (Retail Florist) in Michigan is $1.52 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8058 on $500,000 of payroll?
At $1.52 per $100, $500,000 of payroll yields a base premium of $7,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8058?
UT has the cheapest filed rate for code 8058 ($0.460) and IL the highest ($2.20). Michigan sits at the 67th percentile across 18 peer states.